MAC AVE LEE

Keep in mind, DIS streaming will be overvalued just like NFLX is. I foresee DIS only seeing a Max revenue, which will be a loss, after four full quarters, of 650 million.

Why would I double my position in DIS when it will lose, by my estimate, 1.9 billion?

DIS and NFLX are supposed to trade at a 1:3 ratio if we our valuation is on streaming alone. This means, with DIS other revenue streams, DIS belongs at 250, imo. A 1.9 billion dollar debt to a Corp who is doing it to grow revenue streams is not the same as consumer debt. This debt will not impact the bottom line as a decline in revenue would. The previously aforementioned Max revenue growth one full fiscal year is positive growth inclusive.

MAC AVE LEE

Squawk on the Street was required to talk about Peloton IPO (CNBC parent company holds position). Said bike costs $2000 and subscription is $40/mo. Company losing money but did gross $1 billion so far this year.